Bottom Article Ad

Tuesday, August 23, 2022

Global Automotive Airbag Inflator Market To Be Driven By Road Safety Concerns In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Automotive Airbag Inflator Market Price, Share, Size, Demand, Report and Forecast 2022-2027’, gives an in-depth analysis of the global automotive airbag inflator market. There is a market assessment based on its various segments such as airbag type, inflator type, vehicle type, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents@

Automotive Airbag Inflator Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 4.8%

Report AttributeDetails
Historical Period2017-2021
Forecast Period2022-2027
Base Year2021
Growth Rate CAGR4.80%
Major PlayersAutoliv Inc., ARC Automotive, Inc., Joyson Safety Systems Aschaffenburg GmbH, Toyoda Gosei (Zhangjiagang) Co., Ltd., Daicel Corporation, Nippon Kayaku Seizo Co., Ltd., and Others.

Air bag inflators find applications in driver, passenger, side, curtain, and knee airbags. To fill the airbag cushions during a crash, pyrotechnic, stored gas, and hybrid airbag inflators are used. Leading manufacturers are building inflator technologies to meet the most stringent governmental and customer requirements across the globe.

Hybrid airbag inflators have multiple benefits over conventional pyrotechnic airbag inflators. These include greater performance tailoring capacity, low exhaust gas temperature, reliable airbag deployment over temperature variation, reduced airborne particulates, and more. They are also preferred as they utilise environmentally friendly compressed gas to provide maximum passenger protection.

Automotive Airbag Inflator Market Segmentation

Inflators are the engine of airbag systems which can fill the airbags instantaneously. They are designed to protect passengers and are a crucial component which works by either the combustion of chemical propellants or by compressed gas.

Read Full Report with Table of Contents@

Based on type of airbag, the market is segmented into:

• Drive Airbag
• Passenger Airbag
• Curtain Airbag
• Knee Airbag
• Pedestrian Protection Airbag
• Side Airbag

On the basis of inflator type, the market is divided into:

• Pyrotechnic
• Stored Gas
• Hybrid

According to vehicle types, the market is bifurcated into:

• Passenger Vehicles
• Commercial Vehicles

The major regional markets include:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Automotive Airbag Inflator Market Trends

Increasing safety concerns in the wake of rising number of road accidents and the uncertainty while travelling makes a strong case for use of airbags. The use of airbag inflators along with seatbelts reduce the impact of an accident and consequently lower fatality risks. In addition, expanding populations and rising disposable incomes have surged the production and sale of safe automobiles, aiding the demand for airbag inflators.

Stringent government regulations have also compelled manufacturers to ensure that airbags are fitted in all vehicles, significantly favouring the demand for airbag inflators. For instance, the government of India mandated dual airbags with effect from 1st April 2021.

Key Market Players

The major players in the Automotive Airbag Inflator market report include:

  • Autoliv Inc.
  • ARC Automotive, Inc.
  • Joyson Safety Systems Aschaffenburg GmbH
  • Toyoda Gosei (Zhangjiagang) Co., Ltd.
  • Daicel Corporation
  • Nippon Kayaku Seizo Co., Ltd.
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Eliana Grace, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA


Post a Comment